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Mobile applications are one of the fastest-growing segments of the high-tech economy, with some analysts estimating an $11 billion industry by 2014. A report by the Yankee Group projects that U.S. consumers this year will spend $1.6 billion downloading apps that make mobile devices more fun or useful.

But Americans and Canadians are paying a premium for that luxury. A study released Wednesday found that, on average, users in the U.S. and Canada pay more than five times more for apps than users in other parts of the world, accounting for 50 percent of global app revenue.

Investors have been selling shares of Palm Inc. at a rapid pace this year, worried that the company won't be able to turn its business around with new smart phones because of fierce competition from Apple and BlackBerry.

The stock has lost nearly 40 percent of its value so far this year. On Thursday it fell 22 cents, or 3.5 percent, to $6.05 in afternoon trading. Shares of rival Research in Motion Ltd., meanwhile, have risen nearly 4 percent year-to-date.

Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took for Steve Jobs to revive Apple Inc.

In a Tuesday meeting to celebrate Yahoo's 15th anniversary, Bartz reminded reporters that Apple still struggled after Jobs became CEO in 1997. That marked his return to a company he had co-founded two decades earlier.

This weekend saw the New York Knicks host what they billed as the first ever fan #tweetup, at their home court, the legendary Madison Square Garden here in New York City.

This weekend saw the New York Knicks host what they billed as the first ever fan #tweetup, at their home court, the legendary Madison Square Garden here in New York City.

This weekend saw the New York Knicks host what they billed as the first ever fan #tweetup, at their home court, the legendary Madison Square Garden here in New York City.

Salesforce.com on Wednesday posted a 48 percent jump in fiscal fourth-quarter profit, on strong sales growth for its online business software applications.

For the three months ended Jan. 31, Salesforce.com said profit jumped to $20.4 million, or 16 cents per share, compared with $13.8 million, or 11 cents per share, in last year's fourth quarter.

Revenue shot up 22 percent to $354 million, from $289.6 million a year ago.

Analysts polled by Thomson Reuters, on average, expected profit of 15 cents per share, on revenue of $342.3 million.

The number-crunchers at Apple aren't counting just profits these days. Less than two months after it announced three billion applications had been downloaded from its App Store, the computer giant boasted Thursday that its iTunes Store has sold its 10 billionth song.

The lucky music fan who won Apple's download contest -- which for months enticed iTunes users with a $10,000 gift card -- was identified as Louie Sulcer, who, perhaps appropriately, comes from a place called Woodstock (albeit in Virginia, not New York.) Apple didn't release his age or occupation.

Don't get me wrong, I'm extremely excited about Bloom Energy. I honestly think that their technology is a good thing for the world and that it might very well revolutionize the power infrastructure in America and throughout the world. And yes, it will create jobs and make a select few people very rich.
In fact, I think it's so revolutionary that it doesn't need to be inflated by false or misleading claims...which is why I'm a little put off by a few naughty little lies in the Bloom press release I got this morning.

Don't get me wrong, I'm extremely excited about Bloom Energy. I honestly think that their technology is a good thing for the world and that it might very well revolutionize the power infrastructure in America and throughout the world. And yes, it will create jobs and make a select few people very rich.
In fact, I think it's so revolutionary that it doesn't need to be inflated by false or misleading claims...which is why I'm a little put off by a few naughty little lies in the Bloom press release I got this morning.